Figuring it out: Africa supply chain week in numbers

Nigeria requires a $65 billion infrastructure invest in the next five years, to meet the status of a developed nation, according to Patrick Okigbo, Principal Partner at Nextier Limited, an industry expert.

$1 billion

Trade mark East Africa (TMEA) plans to raise about $1 billion from their development partner’s to finance infrastructure projects and other social services in the Six East African Community countries. TMEA is an East African not-for profit organisation, established in 2010 to support the growth of international and regional trade.

4th consecutive month

Nigeria’s Inflation hit the highest level in April since 2010, at 13.7%10. Analysts at FSDH Merchant Bank said they expected inflation to hit 15.58 per cent in May, as food prices and fuel show a sharp increase.

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Published by Tielman Nieuwoudt

Tielman is a Certified Supply Chain Professional (APICS) and has a Bachelors degree in Marketing (SA) and a MBA in International Business from the University of Edinburgh in Scotland.
Tielman has been a contributor to Strategic Marketing Africa, How We Made It In Africa, Logistics Insight Asia, Logistics Times India, CHaINA (China) and Vietnam Supply Chain Insights.
View all posts by Tielman Nieuwoudt